Pharma stocks

Granules India shares plunge 16% after USFDA inspection ends with 6 observations

by

Granules India shares plunged over 16 percent during intraday trading on Thursday, September 12, following the company’s announcement that the USFDA’s inspection of its Gagillapur FD facility, conducted from August 26 to September 6, 2024, concluded with six observations. In response, the company issued a statement to reassure concerned investors, emphasizing its commitment to resolving … Read more

Pharma stocks see 3rd straight month of gains in Aug, Mankind Pharma and 6 others rise up to 23%

by
Pharma stocks see 3rd straight month of gains in Aug, Mankind Pharma and 6 others rise up to 23%

Pharma stocks maintained their bullish momentum for the third consecutive month in August, with the Nifty Pharma index posting a gain of 6.61%. This follows strong performances in July, where the index rose by 10.37%, and in June, with a 5% increase. Out of the 20 constituents of the index, 16 ended the August in … Read more